Taking everything into account, SIGIP scores 0 out of 10 in our technical rating. SIGIP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, SIGIP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.13, a Stop Loss order could be placed below this zone.
More info and screens
16.46
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.05 to 17.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.63 to 16.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.26 to 17.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.35 to 18.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SIGIP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SIGIP is down. |
| ChartMill Relative Strength | 29.95 | NEGATIVE | SIGIP has a low relative strength, it was outperformed by 70.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SIGIP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SIGIP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SIGIP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.85 | NEUTRAL | The RSI value for SIGIP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SIGIP has a positive trend. |
| Stochastics (14,3) | 34.77 | NEUTRAL | The Stochastics value for SIGIP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for SIGIP suggests low volalility. |
| Average Directional Index/ADX (14) | 17.59 | NEGATIVE | The low ADX value for SIGIP suggests a weak or negative trend. |
SELECTIVE INSURANCE GROU - SIGI 4.6 PERP
NASDAQ:SIGIP (11/28/2025, 1:30:02 PM)
17.13
-0.1 (-0.58%)
SELECTIVE INSURANCE GROU - SIGI 4.6 PERP / SIGIP FAQ
What is the technical rating for SIGIP stock?
ChartMill assigns a technical rating of 0 / 10 to SIGIP.
Can you provide the trend direction for SELECTIVE INSURANCE GROU - SIGI 4.6 PERP?
The current trend direction for SELECTIVE INSURANCE GROU - SIGI 4.6 PERP (SIGIP) is Bearish.
Can you provide the RSI signal for SELECTIVE INSURANCE GROU - SIGI 4.6 PERP?
SELECTIVE INSURANCE GROU - SIGI 4.6 PERP (SIGIP) has an RSI value of 39.8524. This indicates that the stock is currently neutral.
What is the MACD signal for SELECTIVE INSURANCE GROU - SIGI 4.6 PERP (SIGIP) stock?
The MACD indicator for SELECTIVE INSURANCE GROU - SIGI 4.6 PERP (SIGIP) has a value of 0.0227318, indicating a bearish trend.
Can you provide the support and resistance levels for SELECTIVE INSURANCE GROU - SIGI 4.6 PERP?
SELECTIVE INSURANCE GROU - SIGI 4.6 PERP (SIGIP) has a support level at 17.13 and a resistance level at 17.26. Check the full technical report for our detailed analysis of SIGIP support and resistance levels.